That i will do a bit of study on my own since i'm curious.may not come to any practical application for me, but if i don't at least dig a bit deeper i won't be true to myself. I've decided that for consistency in my personality/way of the heart. Thanks Jim, and Steve: ) (yes i posted elsewhere at an existing thread on it before seeing this thread).Ĭheers, Thom as a post edit. I was doing a google search/study on the DP and then said 'Duh, why not do a search at FF?', and here in one simple read i see all i need to know.Jim's frank and believeable take on it all. OK, so this is a serriously old thread, but i luv this place. Welles Wilder has made some important contributions to the field technical analysis but this is not one of them. If you do manage to figure it out, you'll have come to the conclusion, that in all reality, it does not improve your odds one bit. If you're like me you'll pay $175 and then feel like you have to use it. To make sense of it everything has to be viewed in hindsight, alot like Elliot waves. I read it several times and frankly, while there may be something in the theory, finding a practical application for it is impossible. Nothing great comes easy, or it wouldn't be great. Maybe U could master that portion of it, along with mastering direction of the turning points as oppossed to trying to identify turns without the understandement of the impending direction when it does turn. It has an inversion factor/sequence that has not been mastered or well understood. You will learn something from the Delta experience. Do what everyone else does and U will lose. I see good points and weak points in the idea/method. 4xisez gave an opinion and it appears it is immediately labeled as biased. Now, u can get most of the info for substantially less.

Phenomenon or The Hidden Order In All Markets by Welles Wilder The Delta. The author and creator of many popular technical chart indicators. He then sold directorships for 35 grand ea.ĭelta Phenomenon - Download as PDF File (.pdf), Text File (.txt) or read online. Welles paid a cool million cash in advance for the idea from a bloak in Chicago.

Delta phenomenon welles wilder pdf